COMMUNIQUE – INTERNATIONAL RAILWAY CONFERENCE ORGANIZED BY THE ABUJA CHAMBER OF COMMERCE & INDUSTRY (ACCI) IN COLLABORATION WITH THE FEDERAL MINISTRY OF TRANSPORTATION, THEME: “POWERING AFCFTA WITH SUSTAINABLE RAILWAY DEVELOPMENT”

Overview The First Edition of the International Railway Conference Abuja 2022 aimed at reverberating the need important role and impact of railway development to Africa’s socio-economic development and integration through the African Continental Free Trade Area. The event organized by the Abuja Chamber of Commerce & Industry, in partnership with the Federal Ministry of Transportation…

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First Voluntary Carbon Market in Africa Established at COP27

The carbon market will financially incentivize eco-friendly practices, and regulate the issuing of carbon certificates across Africa. With carbon certificates financially incentivizing businesses to reduce hazardous carbon emissions, the government of Egypt has launched Africa’s first voluntary carbon market on the sidelines of COP27. After recently establishing the country’s first Carbon Certificates Trading Company, Africa’s…

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African Transport Ministers to Attend International Railway Conference in Abuja On Tuesday

Ministers of Transport from African nations Nigeria inclusive alongside top railway firms are billed to attend an international railway conference between November 15th and 16th at the Abuja Convention and Trade Centre. The second railway conference to be hosted by the Nigerian Ministry of Transportation in partnership with the Abuja Chamber of Commerce and African…

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AFDB Drums Support for Light Up Sahel Initiative

An African initiative to increase solar generation capacity to provide 250 million people with electricity access across Africa’s Sahel region for socio-economic development continues to attract financial support from around the world. Launched in 2019 by the African Development Bank Group and its partners, the Desert to Power initiative is designed to make Africa a renewable power…

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PHOTO STORY: NACCIMA & ACCI Visits Autodex Nigeria Ltd

The factory is into fabrication and assembling of agricultural and automobile machineries such as; tractors, diesel hand steelers, grain driers, buses, tricycles, motorcycles, others. The Director of the factory, Mr Tony Efekandu who took the visiting team on a tour to different units of the factory (including grain drying, juice processing/packaging, rice mill, tomatoes processing…

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Nigerian-British Chamber of Commerce Kicks Against Planned Hike of Excise Duty

The Chamber has noted with concern, recent reports in the media of plans by the Federal Ministry of Finance, Budget and Financial Planning to effect a hike in the specific excise component of some products, including alcoholic and non-alcoholic beverages and tobacco, a significant digression from its recently adopted 2022 Fiscal Policy Measures and Tariffs…

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Addressing Climate Emergency in Africa: Balancing Global and Domestic Resources

By Tshepidi Moremong Climate finance has mostly focused on mitigation measures – new investments that will keep the world below 1.5 degrees of warming. But as extreme weather events devastate countries and regions ever more frequently, there must be an equal focus on adaptation and resilience in dealing with the climate crisis that is unfolding…

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